Business Overview:
This Sports Bar Restaurant is 6,700 sq ft and has seating for 285 people inside and another 25 on a patio. The business has a Full Service Bar with a D-5, D-6 Liquor License. The bar seating is separated from the dinning area each area has seating for over 100 people. Over 41 TV's, consisting of 50" HD Flat Screens and 3 Over Sized Projection Screen TV"s. The business has a very easy menu that Features Wings, Burgers, Wraps, Gyro's, Salads, and numerous Appetizers and Deserts. The Bar has 15 Beers on Tap and has numerous daily liquor specials. Outstanding equipment, Full Kitchen with Two Three Well Fryers, Charbroil, Flat Top, full security system. The business is run 100% Absentee and is run by a GM with Assistant Managers. Sales for 2011 were $1,372,685 with a Cash Flow as an Owner Operator of $161,874 Outstanding opportunity for an owner operator !!!!
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Stand alone building on its own pad site on heavily traveled road. Average daily traffic counts 64,250 cars, within the trade area population count 125,399 people with 46,339 households with an average household income of $97,551, Median Age 35 years old. The Sports Bar Restaurant sits in front of a Major Center with key tenants such as Walmart, Kohl's, Hallmark, Famous Footware, Dollar Tree and Fashion Bug. Lease Expires June 2013 with Three (3) Five Year Options to Renew.
Market Competition and Expansion:
Limited competition in the immediate trade area. The present owners run the business 100% absentee. An owner operator can significantly drive sales and better control costs.
Reason for Selling:
Other business interests.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This may become a franchise resale opportunity.
Resources: